Gaming and Leisure Properties Inc [NASDAQ: GLPI] stock went on a downward path that fall over -1.87% on Thursday, amounting to a one-week price increase of more than 3.21%.
Over the last 12 months, GLPI stock rose by 0.15%. The one-year Gaming and Leisure Properties Inc stock forecast points to a potential upside of 8.95. The average equity rating for GLPI stock is currently 1.91, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $13.11 billion, with 270.92 million shares outstanding and 259.74 million shares in the current float. Compared to the average trading volume of 1.19M shares, GLPI stock reached a trading volume of 2825507 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Gaming and Leisure Properties Inc [GLPI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GLPI shares is $53.05 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GLPI stock is a recommendation set at 1.91. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Gaming and Leisure Properties Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 14, 2023. While these analysts kept the previous recommendation, Mizuho dropped their target price from $50 to $47. The new note on the price target was released on December 11, 2023, representing the official price target for Gaming and Leisure Properties Inc stock. Previously, the target price had yet another raise to $51, while Goldman analysts kept a Neutral rating on GLPI stock.
The Average True Range (ATR) for Gaming and Leisure Properties Inc is set at 0.92, with the Price to Sales ratio for GLPI stock in the period of the last 12 months amounting to 8.97. The Price to Book ratio for the last quarter was 3.18, with the Price to Cash per share for the same quarter was set at 2.04. Price to Free Cash Flow for GLPI in the course of the last twelve months was 13.27.
GLPI Stock Performance Analysis:
Gaming and Leisure Properties Inc [GLPI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.21. With this latest performance, GLPI shares gained by 10.63% in over the last four-week period, additionally plugging by 3.78% over the last 6 months – not to mention a rise of 0.15% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GLPI stock in for the last two-week period is set at 67.17, with the RSI for the last a single of trading hit 68.84, and the three-weeks RSI is set at 64.55 for Gaming and Leisure Properties Inc [GLPI]. The present Moving Average for the last 50 days of trading for this stock 45.00, while it was recorded at 48.82 for the last single week of trading, and 45.53 for the last 200 days.
GLPI Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GLPI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Gaming and Leisure Properties Inc go to 2.83%.
Gaming and Leisure Properties Inc [GLPI] Institutonal Ownership Details
The top three institutional holders of GLPI stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in GLPI stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in GLPI stock with ownership which is approximately 5.1238%.
